NSE:TATAPOWER
Observations:
1) On Daily time frame, it has been trading above 10DMA. 10DMA is placed at 231.89 level.
Immediate critical support range is 230-235 level range. Breakout level is 250 level.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at...
today we have seen a little bullish trend in tata power as tata power made a higher high and high low pattern chart in todays market. many people booked heavy profits in todays market by this stock. but if you have this stock in your portfolio then you need to wait until end of this current trend because it will give you good profits without any tension. i hopw...
May be we can Short SELL Tata Power in Tomorrow's Market if it crosses the level of Rs.138.75
if it crosses Level of Rs.138.75
then the
1st Target Price :- 137.30
2nd Target Price:- 136.40
this is not a trading call
i am beginner trader just sharing my thoughts
if i am wrong in this Technical Analysis then please tell me whats wrong in this.......
Thank You in Advance
NSE:TATAPOWER
Simple Trade Setup for TATAPOWER.
If it breaks the orange trendline then up movement is expected. A strong buying could come if it breaks 128 level.
All the levels are mentioned on the chart.
My personal view is bullish on TATAPOWER.
Do comment if you have any doubt or suggestion.
Tata Power Forming Symmetrical Triangle Pattern
For Any Query Contact me in the comment section.
or
For T Channel Contact Me in Comment Section
Equity and Banknifty 💸 RKSV Trading 💸
Have an eye on TATA POWER in coming days, Any close above 63.5 on daily basis will create huge buying in this counter. Will update sl & target when it will get executed.
In my post date 06-May-2020, I have suggested to go for SHORT on NSE:TATAPOWER (for short term gain). On 06-May, it was closed on Rs. 29 and I have suggested TARGET of near Rs. 27 , which it almost achieved today (11-May-2020).
Now it touched the support line of monthly parallel channel as marked in chart. So what next?
Will it take take trend...
![TATAPOWER: Simple Trade Setup | TATAPOWER | 15-11-2021 [ INTRADAY]](https://s3.tradingview.com/j/JajPaZbi_mid.png "Simple Trade Setup | TATAPOWER | 15-11-2021 [ INTRADAY]")
![TATAPOWER: [TATA Power] 6.3% Profit achieved in 3 trading days, what next?](https://s3.tradingview.com/v/VnEwNTjn_mid.png "[TATA Power] 6.3% Profit achieved in 3 trading days, what next?")
